IIFL Finance Home Renovation Loan
IIFL Finance, an NBFC established in 1995 and headquartered in Mumbai, registered with the RBI in the NBFC class, offers a home renovation loan with interest rates ranging from 12% to 19%. The maximum loan amount is ₹50 lakh, with a maximum tenure of 300 months.
Required documentation includes proof of identity, proof of address, proof of income, property documents, and a construction cost estimate. Rate type, processing fee, prepayment penalty, minimum loan amount, minimum tenure, minimum CIBIL score, borrower age limits, minimum salary, employment type eligibility, and special features are not published for this product.
Documents required
- ID
- address
- income proof
- property docs
- construction estimate
As published by IIFL Finance. Your branch may ask for more.
Eligibility
Loan terms
Fees & charges
FAQ
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.